Tech Mahindra Ltd is a leading provider of digital transformation, consulting, and business re-engineering services. Founded in 1986 as a joint venture between Mahindra & Mahindra and British Telecom, the company has grown to become a global player with a presence in over 90 countries. With a focus on innovation and customer-centricity, Tech Mahindra has won numerous awards and accolades for its cutting-edge solutions and services.
Fundamentals of Tech Mahindra
Here is the fundamentals of Tech Mahindra
Market Cap: ₹ 99,131.88
As of 4/10/2023, Tech Mahindra’s market cap was ₹ 99,131.88, indicating its overall size and value in the market.
PE Ratio: 23.13
PE Ratio: 23.13 as of 4/10/2023, indicating how much investors are willing to pay for each dollar of the company’s earnings.
EBITDA Margin (%): 15.33 %
Tech Mahindra’s EBITDA margin was 15.33 %, indicating the company’s earnings before interest, taxes, depreciation, and amortization as a percentage of its revenue.
Revenue Growth 1-Year (%): 17.94 %
Over the past year, Tech Mahindra’s revenue growth was 17.94 %, indicating its growth or decline in revenue over the last 12 months.
Net Profit Growth 1-Year (%): >29.31 %
Over the past year, Tech Mahindra’s net profit was 29.31 % as 1 Year net profit %, indicating its growth or decline in profits over the last 12 months.
Tech Mahindra Share Price Target Prediction Using Fundamentals
Tech Mahindra Ltd is a leading IT services company with a market cap of ₹ 99,131.88 crore. The company’s current price is Rs. 1,018.00, and its PE ratio TTM is 23.13, indicating that the stock is slightly overvalued. However, the company’s EBITDA margin of 15.33% is healthy, indicating that it is generating strong profits from its operations.
Tech Mahindra Ltd has shown impressive revenue growth of 17.94% over the past year, which is a positive sign for investors. Additionally, the company’s net profit growth of 29.31% is also impressive, indicating that it is managing its costs effectively.
Looking ahead, Tech Mahindra Ltd is well-positioned to continue its growth trajectory, given the increasing demand for IT services globally. The company’s strong financials and focus on innovation and digital transformation should help it capture new opportunities and drive growth in the coming years. Overall, Tech Mahindra Ltd is a solid investment option for long-term investors looking for exposure to the IT services sector.
Tech Mahindra Share Price Targets
After analyzing the fundamentals of Tech Mahindra, Here are the share price targets the Tech Mahindra company shown in the table below.
| Year | Share Price Target 1 | Share Price Target 2 |
|---|---|---|
| 2023 | 1348 | 1528 |
| 2024 | 1708 | 1888 |
| 2025 | 2068 | 2248 |
| 2026 | 2428 | 2608 |
| 2027 | 2788 | 2968 |
| 2028 | 3148 | 3328 |
| 2029 | 3508 | 3688 |
| 2030 | 3868 | 4048 |
Tech Mahindra Share Price Target 2023
As per fundamental analysis and chart analysis which we did, we got few share prediction for
The target share price of Tech Mahindra for the year 2023, the 1st target could be ₹1348 and 2nd target is around ₹1528
Tech Mahindra Share Price Target 2024
The target share price of Tech Mahindra for the year 2024, the 1st target could be ₹1708 and 2nd target is around ₹1888
Tech Mahindra Share Price Target 2025
The target share price of Tech Mahindra for the year 2025, the 1st target could be ₹2068 and 2nd target is around ₹2248
Tech Mahindra Share Price Target 2026
The target share price of Tech Mahindra for the year 2026, the 1st target could be ₹2428 and 2nd target is around ₹2608
Tech Mahindra Share Price Target 2027 to 2030
The target share price of Tech Mahindra for the years 2027, 2028, 2029, and 2030 will be ₹2788, ₹3148, ₹3508, and ₹3868 respectively.
